Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Thai Baht/British Pound (FOREX:THBGBP)

Bull Market Weakness (+75) - THBGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on THBGBP as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid THBGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for THBGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_THBGBP
Open High Low THBGBP Price Change
0.02150325 0.02162482 0.02150325 0.02158556 +0.00008200
Entry Signal

MarketClub’s Trade Triangles for THBGBP

long term down The long-term trend has been DOWN since Jan 22nd, 2024 at 0.02207862

intermediate term up The intermediate-term trend has been UP since Jul 24th, 2024 at 0.02153156

short term up The short-term trend has been UP since Jul 16th, 2024 at 0.02142619

Smart Scan Analysis for THBGBP

Based on our trend formula, THBGBP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for THBGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02150325 0.02162482 0.02150325 0.02158556 +0.00008200
Prev. Close Volume Bid Ask Time
0.02150325 2024-07-26 14:00:13
Get a free daily analysis and signals for Thai Baht/British Pound (THBGBP) - Request Your Free Report.